Innovation PEI is temporarily increasing funding to eight programs to support PEI businesses impacted by COVID-19. The programs that are being adjusted focus on business investment in the areas of planning, capital investments, marketing and promotion activities, and include the...
Applications are now open for Innovation PEI’s 2020 Ignition Fund competition, which offers up to $25,000 to launch or expand a business in Prince Edward Island. Jacinta Gallant of Innovation for Lawyers received Ignition funding in 2019. Jacinta says the funding helped the...
Bolstering support for new entrepreneurs promotes a stronger, diversified economy that creates more opportunity for job growth and innovation by turning ideas into viable new businesses. That is why the Governments of Canada and Prince Edward Island are supporting organizations...
New funding is available for Island businesses to advertise locally over the holiday season. The COVID-19 Local Advertising Fund provides a maximum contribution of up to $2,500 to PEI businesses to offset the cost of advertising their consumer goods or services to the local PEI...
A major expansion at Charlottetown Metal Products (CMP) will result in new jobs, increases in production, research and development capabilities, and more exports. The $7.5 million project will see the construction of a 50-thousand square foot addition to CMP’s facility in Milton...
Thanks to the Ignition Fund, Chelsey Lake, a digital marketing strategist, designer and developer, will be able to offer small businesses scheduling and ticketing services for their websites. “Successfully securing an Ignition Fund grant has been pivotal in propelling our...
The province is launching supports to help Islanders get through the latest modified red level restricted measures related to COVID-19. The Prince Edward Island Emergency Payment for Workers is a $500 payment for workers and self-employed Islanders who have completely lost their...
Creating jobs for Islanders - A $25,000 Ignition Fund grant in 2016 helped Deep Roots Distillery owner Mike Beamish create a new line of buckwheat whiskey. This year, 10 new grants are being awarded to Island companies that are starting up or working to commercialize new products...
Thousands of Islanders living in rural Prince Edward Island will soon benefit from having access to faster, more stable Internet service. The Province has signed federal-provincial agreements with Bell Canada and Xplornet, as well as a funding arrangement with local Internet...
A key part of the formula for growth for startup companies is building a network of connections in the investment community. The governments of Canada and Prince Edward Island are providing $125,000 to support Ignition Startup Zone Inc. in hosting Invest Atlantic 2018, the...